In 2025, everyone is navigating a much more complex and volatile landscape and the Insurance sector is certainly affected. Climate change = profitability change for Insurance. Throw in tariffs, geo-political instability, supply chain turbulence. The list goes on.
So, based on trends in tech, economics, geopolitics, and society, here are 10 major strategic risks and mitigation approaches that every business CxO needs to be thinking about as part of their strategic plan. Check out our full download of more risks and 30+ mitigation strategies & tracking KPIs further down.
| Risk | Mitigation Strategy 1 | Mitigation Strategy 1 KPI |
|---|---|---|
| Regulatory Compliance Breaches | Implement robust compliance management programs | Compliance audit success rate |
| Technological Disruption | Invest in InsurTech solutions | Number of InsurTech projects implemented |
| Cybersecurity and Data Privacy Threats | Enhance cybersecurity frameworks and encryption | Number of security breaches detected |
| Underwriting and Pricing Risks | Use advanced analytics and AI in underwriting | Underwriting loss ratio |
| Talent Acquisition and Retention | Offer competitive career development paths | Employee retention rate in key roles |
| Reputational Risks | Proactively monitor and manage brand reputation | Brand sentiment index |
| Changing Customer Expectations | Launch digital-first customer experience initiatives | Customer satisfaction (CSAT) score |
| Innovation Stagnation | Establish innovation hubs | Number of innovations commercialized |
| Financial Market Volatility | Maintain diversified investment portfolios | Portfolio diversification index |
| Operational Risks | Strengthen internal controls and audits | Internal audit findings closure rate |
| Leadership and Succession Risks | Create succession plans for executive roles | Succession plan completion rate |
If you’d like to download this and another 30+ mitigiation strategies with suggested Risk Management KPIs to track progress then download your Insurance Sector Strategic Risks, Mitigations and KPIs..
Secret sauce for any Insurance CxO
If you'd like to see how to easily manage & track all of this then....
